Report: Ford to exit Australian manufacturing in 2016
Left Lane News
July 30, 2012
by Nat Shirley
Less than a month after Fordís Australian division announced it would cut 15 percent of its workforce to trim output in response to slow sales, it seems that more storm clouds could be hovering on the horizon for Ozís third largest automaker.
Ford will shut down its Australian manufacturing altogether in the near future, according to a report from the International Business Times. If accurate, the news means that while the automaker will continue to sell vehicles in the country, its locally-produced models (such as the Falcon sedan and Territory crossover) will be no more.
Lackluster sales and the looming Euro 5 emissions standards, which the Falcon and Territory canít meet without costly revisions, are likely behind Fordís decision.
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